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$ 2,000,000
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Active
1024 E Nevada ST Signal Hill, CA 90755
0.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26174771
HOA Y/N No
Year Built 1957
Lot Size 0.280 Acres
Property Sub-Type Mixed Use
Property Description
Unique opportunity to acquire a fully occupied, multi-tenant light-industrial property in Signal Hill offering four separately utilized business spaces, multiple workshops, private offices and substantial outdoor work and yard areas. Situated on a prominent corner parcel with frontage along Nevada Street, Lewis Avenue and Burnett Street, the property offers excellent flexibility for an investor, owner-user or automotive/industrial operator.
The property consists of approximately 4,240 square feet of building area on a 12,202-square-foot lot with Light Industrial zoning. The four separately occupied units include:
1024 E. Nevada Street – Approximately 1,240 SF with a private office, restroom and large workshop, plus access to a shared fenced work yard and parking area. Currently utilized by a fencing company.
1025 E. Burnett Street – Approximately 1,000 SF occupied by a long-term specialty automotive/body-shop tenant. Includes an office, private restroom, shop/work area and outdoor work-yard space.
2420 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, storage room and large body-shop/workshop area currently utilized for specialty/custom automobile repair.
2424 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, large workshop/storage area and access to the fenced work yard shared with 1024 Nevada.
With three automotive-related occupants and one fencing contractor, the property provides a desirable combination of income-producing industrial space, workshops, offices, storage and valuable outdoor work areas. The corner configuration provides access from multiple streets, while the fenced yard and parking/work areas add significant functionality for automotive, contractor, service and other permitted industrial uses.
All four spaces are currently occupied, providing an investor with an established multi-tenant property while offering potential future flexibility for an owner-user. Businesses and tenant possessions are excluded from the real estate sale. Seller may consider owner financing. Ask about purchasing the fencing business. Please do not disturb occupants.
The property consists of approximately 4,240 square feet of building area on a 12,202-square-foot lot with Light Industrial zoning. The four separately occupied units include:
1024 E. Nevada Street – Approximately 1,240 SF with a private office, restroom and large workshop, plus access to a shared fenced work yard and parking area. Currently utilized by a fencing company.
1025 E. Burnett Street – Approximately 1,000 SF occupied by a long-term specialty automotive/body-shop tenant. Includes an office, private restroom, shop/work area and outdoor work-yard space.
2420 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, storage room and large body-shop/workshop area currently utilized for specialty/custom automobile repair.
2424 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, large workshop/storage area and access to the fenced work yard shared with 1024 Nevada.
With three automotive-related occupants and one fencing contractor, the property provides a desirable combination of income-producing industrial space, workshops, offices, storage and valuable outdoor work areas. The corner configuration provides access from multiple streets, while the fenced yard and parking/work areas add significant functionality for automotive, contractor, service and other permitted industrial uses.
All four spaces are currently occupied, providing an investor with an established multi-tenant property while offering potential future flexibility for an owner-user. Businesses and tenant possessions are excluded from the real estate sale. Seller may consider owner financing. Ask about purchasing the fencing business. Please do not disturb occupants.
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning Light Industrial
Interior
Fireplace No
Laundry None
Exterior
Fence Chain Link, Wrought Iron
Roof Type Mixed
Total Parking Spaces 15
Building
Lot Description Corner Lot, Near Public Transit, Rectangular Lot
Story 1
Water Public
Others
Tax ID 7211022041
Acceptable Financing Cash, Cash to New Loan, Owner May Carry
Listing Terms Cash, Cash to New Loan, Owner May Carry
Special Listing Condition Standard
Listed by Richard Daskam Circle Real Estate 562-857-1965, DRE #01091037
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